Euro & US Dollar strengthen against struggling Pound

The Pound is trending downwards as investors are fearing a UK recession.

It’s still just speculation for now, but the Pound is certainly under pressure.

The Euro and US Dollar are both in strong positions after being aggressive against high inflation.

Right now could be a good opportunity for Euro and US Dollar sellers.

The Governor of the Bank of England’s speech later today could offer hope for the Pound.

He’ll aim to get a grip on inflation and avoid a recession.

However, walking that line will not be easy.

It remains a volatile time in currency markets and it could be tricky to find the best time to make your international transfer.

Get in touch with your account representative who can discuss your transfer with you.

Click below for a free quote today or call 01872 487 500.

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How to Save Money on your foreign currency transfers

Key Currency can save you money by offering more competitive rates of exchange than your bank.
Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
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